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Submission + - Virginia State Government Favors Cartels, Cracks Down on Uber, Lyft (wtop.com)

An anonymous reader writes: Talk about regulatory capture! As radio station WTOP reports "The Virginia Department of Motor Vehicles says that ride services Lyft and Uber are violating state law and must stop operating immediately. The DMV sent cease and desist orders to both companies Thursday." Who benefits most? It's not the people who are voting with their dollars and feet — seems more like the current stable of taxi drivers and others blessed by the state of Virginia. Good thing there's no call for or benefit from greater per-car occupancy, or experimentation more generally with with disruptive disintermediation. Given enough bribe money down the road, I'm sure a deal can be struck, though.
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Virginia State Government Favors Cartels, Cracks Down on Uber, Lyft

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